Heartland Payment Systems

Heartland Payment Systems, Inc. is a leading payments processor in the United States, serving approximately 250,000 merchants across the U.S. and Canada. The company specializes in facilitating the exchange of information and funds between merchants and financial institutions, offering a range of payment processing services that include transaction authorization, electronic draft capture, and merchant training and support. In addition to its core processing services, Heartland provides payroll processing, gift and loyalty programs, and point-of-sale solutions. The company also addresses security concerns with its E3 end-to-end encryption technology, which aims to protect merchants from data breaches. Heartland further enhances its offerings by selling and renting point-of-sale devices and supplies, ensuring that business owners can operate efficiently and securely.

Joshua Whipple

Executive Vice President, Corporate Development and Strategic Planning

8 past transactions

Beanstalk Data

Acquisition in 2016
Beanstalk Data, LLC specializes in providing customer engagement platforms tailored for the restaurant industry in the United States. The company offers a range of software solutions designed for business-to-consumer (B2C) interactions, including a SaaS platform that integrates customer relationship management (CRM) with real-time marketing capabilities. Its offerings encompass tools for aggregating customer data, automating marketing actions, and facilitating mobile payments and ordering. Key products include Beanstalk Loyalty for analyzing customer transactions, Beanstalk Connect for unifying application access, and Beanstalk Engage, a marketing cloud designed to foster personalized customer relationships. Additionally, the Beanstalk Data Tracker allows for detailed tracking of users across devices and browsers. By leveraging advanced analytics and a centralized database, Beanstalk Data enhances marketing effectiveness and increases customer lifetime value for quick service and fast casual dining establishments. Founded in 2009 and based in Charlotte, North Carolina, the company operates as a subsidiary of Heartland Payment Systems, Inc.

TouchNet Information Systems

Acquisition in 2014
TouchNet Information Systems is a company that specializes in providing payment and credentialing solutions for colleges and universities. Established in 1989, TouchNet focuses on automating and consolidating payment processes while ensuring security for transactions. The company aims to enhance the commerce experience on campuses by identifying opportunities and addressing challenges faced by educational institutions. TouchNet positions itself as a dedicated partner to its clients, committed to delivering superior services that prioritize the needs of students and the operational efficiency of schools.

TabbedOut

Series B in 2013
TabbedOut puts you in control of your tab at bars and restaurants. Say goodbye to end-of-night bar lines, and flagging down your server when you’re ready to settle the bill. Never leave your card at the bar again! TabbedOut is easier and more secure than handing over your credit card to a stranger. Open a tab, view the running total, and pay for it instantly (and securely) all from your phone. You can even split your tab among friends, post to Facebook or Twitter to let your friends know where you’re dining, send a positive or negative review of your experience, and get offers sent from your favorite venue straight to your phone. TabbedOut takes the hassle out of dining out for good. We are adding new locations every day, so check in often on the locations screen. Don’t see your favorite bar or restaurant on the list? Let us know! Tweet at or Facebook us at @tabbedout. For merchants: TabbedOut is the premier marketing and analytics platform built exclusively for the hospitality industry and powered by mobile payments. We allow our merchants real time insight into their customers through our proprietary software system that tracks spending habits, product preferences, customer feedback and loyalty rewards. Best of all, TabbedOut allows you, the merchant, to accept mobile payments integrated into your POS system. Finally, POS systems and mobile payments meet customer marketing and rewards in real time. That’s the power of TabbedOut! Free to download and no hidden fees.

Leaf

Venture Round in 2013
Leaf is a two year-old and rapidly growing tech company at the forefront of the revolution in changing the way brick and mortar merchants do business. Leaf believes that technology can (and should) enhance the customer experience, and that learning from your own business' data is the best way to grow a small business. Leaf's purpose is to help small business owners across the nation fight against the giants. They help small business owners not only grow their businesses using their own performance data, but also improve the way they connect with their customers. Leaf delivers digital receipts, integrate across social networks, capture real-time customer feedback, and frequently participate in charity, all in an effort to have consumers experience greater convenience and rewards while at the same time making a global difference.

ECSI

Acquisition in 2012
ECSI, founded in 1972, is a prominent service provider in the education sector, focusing on developing products and services that streamline business operations for educational institutions. The company specializes in fintech solutions, offering billing and payment processing services, as well as fund recovery and financial management solutions. By enhancing operational efficiency, ECSI aims to improve the overall experience for students and their families while assisting clients in managing tuition, refunds, and tax-related services.

School-Link Technologies

Acquisition in 2011
School-Link Technologies develops online solutions to support financial and nutritional accountability in K-12 school districts. It offers foodservice accountability and management solutions, such as WebSMARTT, a Web-based foodservice management solution that provides tools to accomplish tasks, including modules for point of sale and accountability, free and reduced application processing, ordering and inventory, and menu planning and production, as well as POS terminals.

Comalex

Acquisition in 2011
Comalex, Inc. manufactures computer software designed to automate point-of-sale food service operations in K-12 public and private schools and colleges. The company was founded in 1989 and is based in Van Buren, Arkansas.

Chockstone

Acquisition in 2008
Chockstone is a marketing and technology company based in Portland, Oregon, specializing in loyalty marketing and gift card solutions tailored for the restaurant and convenience store sectors. Founded in 2002 by Dan Devlin and Jeff Lipp, the company offers its Single Swipe loyalty platform, which allows merchants to create loyalty programs linked to consumers' credit and debit cards. This platform helps businesses track customer preferences and purchase history while facilitating savings and promotional offers. Additionally, Chockstone provides do-it-yourself loyalty marketing tools, gift promotions, and comprehensive gift card processing services. The company has been operating as a subsidiary of Heartland Payment Systems since November 2008.
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